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Originally Posted by nechesh
I don't think the coin is U.S. currency. I do see the remains of an eagle on the other side, but it doesn't look like the kind i have seen on old U.S. coins. Also are the end letters "CA" but i still don't think this is a remnant of the word America. Rick (rsword) suggested a Mexican origin for the coin. I also wonder if this is not a replacement part.
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During the US occupation of the Philippines in the first half of the 20th C., the Philippine coins were stamped "United States of America" and had a Philippine form of the eagle stamped on some of them. The coin probably dates from the period of US occupation.
Ian.